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Home > Vital Training > PM Certification > Project Time and Cost Management
Project Time and Cost Management

 

Course Purpose

This course provides the background for project managers to effectively manage the schedule and cost of a project. It begins with the relationships of scope and quality to time and cost and their effects on the project baseline, emphasizing setting a schedule before estimating costs. It then continues with the basics of scheduling and moves to critical path and managing and controlling the schedule. The course also covers how to estimate and develop a budget, and why any budget is an estimate prior to the reporting of the actual costs. The course links the processes of managing the schedule and costs using organizational guidelines and best practices for controlling costs. It includes intensive case study exercises on earned value that teach project managers to calculate the earned value of all project elements, report variance against the plan, and bring performance back in line with the plan.

AMCI offers volume discounts and discounts to government customers. Course prices listed are for Washington DC-based course offerings. Please contact AMCI for further information about our pricing or to receive a price quote for your organization's training needs.
Course Length - 3 Days
Classroom PDUs: 21
Cost: $13,984.00
COURSE OBJECTIVES
  • Demonstrate knowledge of the basic concepts of time and cost management
  • List the activities for developing a project schedule
  • Define the activities for determining a critical path schedule
  • Demonstrate knowledge of managing and controlling the schedule
  • List the activities for estimating costs and developing budgets
  • Demonstrate knowledge of the processes for managing and controlling costs
  • Demonstrate knowledge of the PMBOK® Guide processes for scheduling and costing
COURSE OUTLINE
  • Introduction to Time and Cost Management
  • Basics of Scheduling
  • Critical Path Scheduling
  • Estimating Costs and Developing Budgets
  • Managing and Controlling the Schedule and Cost
  • Summary/Skills Assessment/Course Evaluation

Contact Laida Seiler at lseiler@amciweb.com for more information or to schedule this or any of AMCI's other Project Management Certification courses.